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I'm now using feols() to estimate a regression with instrumental variable.
The number of instrumental variable is less than the number of endogenous variable.
How can I test whether the equation is under identified, for example, using Kleibergen-Paap rk LM statistics?
The text was updated successfully, but these errors were encountered:
Are you misspeaking here? A regression with fewer instrumental variables than endogenous variables should not be able to produce a coefficient estimate. The testing procedure is for the over-identified case where the number of instruments is larger than the number of endogenous variables
I'm now using
feols()
to estimate a regression with instrumental variable.The number of instrumental variable is less than the number of endogenous variable.
How can I test whether the equation is under identified, for example, using Kleibergen-Paap rk LM statistics?
The text was updated successfully, but these errors were encountered: